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Mumbai continues to be the highest paymaster in Analytics at almost 13.7 Lakh per annum, followed by Bangalore at 13.0 L.akh.The rest of India, Hyderabad & Chennai is much lower showing a marked distinction in salaries between cities. Hence, Mumbai is the top earning location followed closely by Bangalore. While Bangalore & NCR has the highest demand for analytics professionals, Mumbai is India’s most expensive city. Salaries in a city is a function of two factors- the demand for a skillset and the relative cost of living in that city. Analytics professionals out-earn Java programmers by almost 50%.In case of other IT roles, the salary gap is higher, underscoring the advantage held by analytics professionals.
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Analytics professionals earn 26% more than software engineers in India. Salaries in Analytics Compared to IT Roles Mid-level analytics professionals who command considerable subject matter expertise are visibly more in demand with salary falling in the bracket of 6 lakh to 25 lakh per annum this year, thus keeping the median salaries stable. There has been a one-percent decrease in professionals earning 25 lakh and onwards with the number coming down to 9.4% this year from 9.5% in 2018 On the other hand, salaries at senior managerial levels have plateaued and dipped by one percent. This is lower than 2017 ( 39 %) & 2018 ( 37.6 %) which also implies that base salaries for entry-level professionals has gone up Over one third (36.2%) of analytics professionals take a salary o f less than 6 Lakhs. As compared to last year, median salaries for analytics and data scientists have remained steady since a year ago. The median analytics salary in India for the year ending 2018-19 remained steady at INR 12.6 Lacs across all experience levels and skill sets. Our research also confirms the observation that organisations data scientists with a PhD and they also lean towards candidates from elite engineering institutions. It is also clear that Big Data and Data Engineering professionals who work primarily on unstructured data continue to earn more than analytics professionals. The study also found a 1.8% increase in salaries of entry-level analytics professionals with experience between 0 to 3 years. A high point is that analytics salaries continue to exceed other software engineering roles with analytics professionals out-earning Java counterparts by almost 50% in India. However, this trend has levelled off with the average analytics salary capped at 12.6 lakh per annum across all experience levels in 2019. What we have observed is that over the last three years ( 2016 to 2018 ), there has been a pronounced growth in median salary across all experience levels, increasing from INR 9.5 lakh in 2016 to INR 11.7 lakh in 2017 and touching INR 12.7 lakh per annum in 2018. However, the demand for mid-level professionals with median compensation of INR 6 lakh onwards has surged, demonstrating that analytics as a function in India Inc has become more mainstream with enterprises capitalizing on growth opportunities. Now, similar to last year, the average salary of analytics practitioners has remained steady across all experience levels with the remuneration remaining unchanged. All in all, we expect to see another busy year for analytics hiring market.ĭata Analytics professionals are currently benefitting from the big data wave with analytics professionals earning 26% higher than an average software engineer in India.
Our report looks at the distribution of average salaries across years of experience, job category, region, industry, education, gender and tools and skills. The annual Analytics India Salary Study presented by AIM and AnalytixLabs, now in its fifth year, is the only study coming out of India that digs deeper into salary trends to give a comprehensive view at how analytics salaries have changed over the years, skills that are very much in-demand and the hiring challenges it could present.